MG Network

something big isHappening!

In the mean time you can connect with us with via:

Copyright © Money Grows Network | Theme By Gooyaabi Templates

Money Grows Network

Archive

Powered by Blogger.

Welcome To Money Grows Network

Verified By

2006 - 2019 © www.moneygrows.net

Investments in financial products are subject to market risk. Some financial products, such as currency exchange, are highly speculative and any investment should only be done with risk capital. Prices rise and fall and past performance is no assurance of future performance. This website is an information site only.

Popular

Pages

Expert In

Name*


Message*

Daily analysis of USDX for July 28, 2017

The index recovered from the losses following the Fed's decision to keep rates unchanged at its July's meeting. The resistance zone of 94.09 is still capping further gains in USDX and if the index manages to break above that level, it can rally to 94.85 in a first degree. The MACD indicator is still in the positive territory, but is entering the overbought territory.

USDXH1.png

H1 chart's resistance levels: 94.09 / 94.88

H1 chart's support levels: 93.71 / 93.29

Trading recommendations for today: Based on the H1 chart, place sell (short) orders only if the USD Index breaks with a bearish candlestick. The support level is at 93.71, take profit is at 93.29 and stop loss is at 94.12.

The material has been provided by InstaForex Company - www.instaforex.com